720 N Federal Hwy, Hollywood FL 33020,Hollywood,Broward County,Commercial Land

Property ID: A11764592
Price: $6,200,000
Land Area: 1.11 Square Feet
Property Status: Commercial Land

Description

This prime 170-unit development site on Federal Highway in Hollywood, FL, includes 720 N Federal Highway along with 1809, 1815, and 1819 Buchanan Street. Covering over 48,000 SF, the property offers excellent visibility and accessibility just off Young Circle. Zoned FH-2 with a 3.0 FAR, it allows for up to 14 stories and 144,000 SF of residential space. The recommended unit mix includes 119 one-bedrooms, 32 studios, and 19 two-bedrooms. With strong market demand, a high-density zoning designation, and a prime location on US-1, this site is ideal for rental or condo development, offering a rare and lucrative investment opportunity in South Florida.